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Fission Uranium Corp. Discovers New Holes Emitting Anomalous Radioactivity

Thursday, 25 September 2014 09:13 AM

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Fission Uranium Corp.’s (OTCQX: FCUUF) stock volume skyrocketed Sept. 24, with 473,801 shares changing hands, nearly 3 times its 30-day average volume of 160,263 shares.

This huge uptick is probably due in part to the rumors swirling about yesterday that the Canadian-based uranium exploration company would have some big news today.

As it so happens, Fission just released a press release announcing the results of 21 of its 22 regional drill hole program at its PLS property in Canada's Athabasca Basin

Four New Holes with Radioactivity

According to the release, four new holes have discovered anomalous radioactivity on three new conductors in the PL Corridor and Far East target areas of PLS. This follows exploration hole also drilled on the Far East target area, which hit radioactivity 17km from the main PLS discovery where high-grade mineralization has been outlined along a 2.24km strike length.

The remaining 17 regional holes encountered encouraging geological features but did not intersect significant radioactivity.

While this discovery is promising, it will take a while to see if it pans out. It will be interesting to see how this news affects Fission share value and stock volume today.

On Sept. 24, FCUUF’s share value closed at 95 cents, down 1 cent, from its closing price of 94 cents the previous day.

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WindStream Technologies Sells Indiana Homeland Security Renewable Energy Device

WindStream Technologies Inc.’s  (OTCQB: WSTI) share value continued its upward climb on news that it had just completed selling one of its "Solar Mills" to the  Indiana Department of Homeland Security.

According to a Sept. 24 press release, the North Vernon, Ind.-based alternative energy company delivered a unique mobile version of its patented hybrid renewable energy device for agency.

Based on requirements set forth by the agency, WindStream Technologies integrated its technology into a deployable solution that fits in a trailer providing renewable energy generation to power on-site computer and telecommunications systems. This first-of-its-kind mobile technology will replace or supplement the traditional diesel generators required to operate the primary systems IDHS uses to provide location-based emergency support, according to WindStream Technologies.

New Technology Get Trail Run

The trailered system is being launched as part of an Indiana Building Emergency Assessment and Monitoring Team (IBEAM) exercise held this week in New Harmony, Indiana. Participants in the simulated earthquake response will include members of the IBEAM team, the State Fire Marshal's office, local building and fire officials, volunteer architects and engineers, Indiana emergency operations officials, as well as emergency operations personnel from Illinois, Missouri, and Tennessee.

Also attending will be officials from the Central United States Earthquake Consortium, which is headquartered in Memphis Tenn.

On Sept. 24, WSTI’s share value closed at 92 cents, up 5 cents, or 5.75%, from its closing price of 87 cents the previous day, on volume of 533,535 shares.

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Liquefied Natural Gas Announces Extension of Site Lease

Liquefied Natural Gas Limited (OTCPink: LNGLY) stock volume was low Sept. 24, with just 164,612 shares changing hands, substantially less than its 30-day average volume of 711,253.

This comes despite the Australian-based natural gas company’s   announcing yesterday that its 100% owned subsidiary, Gladstone LNG Pty Ltd (GLNG), has received a one-month extension of the site lease at Fisherman's Landing at the Port of Gladstone in Queensland, Australia, from the Gladstone Ports Corporation to 31 October 2014.

Acquisition Update

In addition, the company also said it had finalized its acquisition of Bear Head LNG Corporation (BHLC) from a subsidiary of Anadarko Petroleum Corporation (Anadarko), and 100% of the Project Rights associated with a Project Site located in Richmond County, Nova Scotia, Canada for 11 million.

On Sept. 24, LNGLY’s share value closed at $3.82 cents, up 1 cent from its closing price of $3.81 the previous day.

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Gold Reserve Announces $740-Million Settlement

Gold Reserve Inc. (OCTQB: GDRZF) stock volume soared Sept. 24, with 135,813 shares changing hands, nearly 3 times its 30-day average volume of 47,888 shares.

This sudden surge in volume is being triggered in part by the Australian mining company’s announcement yesterday that it has received a settlement offer of $740 million from the International Center for Settlement of Investment disputes. This represents funds for the Brisas Project, which the Venezuelan Government confiscated in 2009 It includes interest and legal expenses.

On Sept. 24, GDRZF’s share value closed at $3.97, down 8 cents, from its closing price of $3.89 the previous day, on volume of 533,535 shares.

Find out what could be the best investor’s move when it comes to GDRZF by getting the complete report here or by cutting and pasting the following link in your Web browser:

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